A self-storage facility I bought a few months back has a large billboard with a market rate of about $400-500/month, but the prior owner signed a contract that provided an easement to Lynd for a period of 10 years, st...
Duplex. 15 years old. 2BR/1.5BA units. 900 sq ft each. Area = C class.Rents: $500/unit for $1,000/month gross.TOTAL INCOME: $1,000/moExpenses: Taxes = $55/moInsurance = $75/moProp Mgmt = $100/moCap-Ex = $100/moOng...
Hi,My partner and I are looking to purchase a short term rental in Maine. We haven't zeroed in on a specific city/town yet but we're focusing our search on areas within 2 hours drive of Acadia National Park. We'd like...
[punchline at the end] I have a legacy tenant that has been living in the building since purchase (7 years ago) and they recently killed their gas range with only one of 4 burners working. When they notified me it wa...
As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...
Have recently considered purchasing a rental property in the Sedona area and wanted to know some honest opinions from others with experience in this market. I've came across some relatively decent priced properties (...
Hi all,It seems some property managers look to charge one months rent to find a tenant, on top of the 10% of rent collected. Is that normal? It seems that a property manager should be incentivised to keep tenants long...